Category Archive: 6b) Austrian Economics
GDP is a Poor Measure of Economic Health
Gross domestic product (GDP) is the most common measure of national wealth and economic growth. Yet the layman—and even many businessmen and economists—is taken aback when mainstream commentators and professionals get very excited about changes to GDP, which seem to have little to no impact on real economic conditions.
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EL CAMINO A VENEZUELA
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YOLANDA DÍAZ RECONOCE QUE EXPOLIAN A LA CLASE MEDIA
Yolanda Díaz mete la pata otra vez: ataca a los ricos por supuestamente pagar pocos impuestos, pero reconoce que están machacando a los pobres y a la clase media con impuestos brutales.
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Climate Deniers Deny Socialism. That’s Why the Regime Hates Them.
So-called climate change is really an excuse for government to do what it does worst: intervene in our economic affairs. While government efforts will not cool the planet, they will make life more difficult for the planet’s inhabitants.
Original Article: Climate Deniers Deny Socialism. That's Why the Regime Hates Them.
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Washington’s Planned Theft of Credit Card Benefits
Congressional Democrats are trying to intervene in a complex and varied market they know little about but that consumers navigate without need of help. This will not end well.
Original Article: Washington’s Planned Theft of Credit Card Benefits
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A Short History of the Right to Self-Determination
Modern international law tends to grant a right to “remedial self-determination” only in extreme cases. Unfortunately, this position accepts that states ought to be free to violate human rights so long as the abuses fall short of war crimes and genocide.
Original Article: A Short History of the Right to Self-Determination
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Are We Really All in This Together?
Whenever governing elites create a new crisis, they insist that “we're all in this together.” It’s time to ignore their lies altogether.
Original Article: Are We Really All in This Together?
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Does the Balance of Payments Determine Exchange Rates?
It is a common belief that a key factor in determining the currency exchange rate is the balance of payments. An increase in imports increases the demand for foreign currency. To obtain the foreign currency, importers buy it using domestic currency, which strengthens the exchange rate of the foreign currency against domestic money. Conversely, an increase in exports, in which exporters exchange their foreign currency earnings for domestic currency,...
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España va Camino de GRECIA… (Gracias, Pedro)
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How Governor Whitmer Doomed Detroit Autoworkers
The new year started out on a painful note for autoworkers building electric vehicles (EVs). In the last month, thousands of workers have been laid off from General Motors (GM) and Ford plants in Michigan.
Most workers involved were, or were slated to be, working on electric versions of each brand’s signature trucks—the Chevy Silverado EV and Ford F-150 Lightning. The latter has been available for purchase since 2022, with the Silverado EV set to...
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LATAM Necesita MÁS Líderes como Milei
#hispanoamérica #argentina #chile #cuba #venezuela #elsalvador
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Lincoln Dissected
Thomas DiLorenzo, the President of the Mises Institute, has already reviewed Paul C. Graham’s Nonsense on Stilts: The Gettysburg Address and Lincoln’s Imaginary Nation (Shotwell Publishing 2024) in characteristically excellent fashion, but the book is so insightful that some further comments are warranted.
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¿DONDE INVERTIR? Oportunidades y Retos del 2024 – Mi Charla con Tressis
#mercados #bolsa #bitcoin #bonos #rentavariable #rentafija #inversiones @tressis
Te dejo el enlace con la charla completa - https://webinars.onlineseminar.com/tressis/webinar/54854/oportunidades-y-retos-para-2024/
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Is Taiwan a De Facto Sovereign Nation or a Province of the PRC?
It is a running gag among the pro-Taiwan camp that if you were to ask ordinary folks about Taiwan five years earlier, most could not locate Taiwan on a map. At the time, matters relating to China were mainly debates about Donald Trump’s protectionist stance, as relations between Taiwan and China didn’t receive the attention many would warrant in the face of a potential war.
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The Stronger the Government, the Weaker the Nation
For all of our lives, it has been the aim of most Americans to make the federal government stronger, especially with respect to the warfare state. The principal justification for an ever more powerful government is that it keeps the American people safe from the likes of terrorists, drug dealers, communists, illegal immigrants, Russians, Chinese, Iranians, North Koreans, and Muslims.
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Friedman on the “Two Chinas” and How Putin Saves Face
George Friedman says there are two Chinas: one based in Shanghai and another that is still effectively a third-world country. He paints a grim picture of China, with security lockdowns, home inspections, and paralysis among its leaders. He says Xi Jinping may have already lost control, and the risk of civil war is real.
George and I also unpack the military stalemate in Ukraine and the increasingly complex posturing in the Middle East.
You will...
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The “New” South Africa Is Now a Newly-Failed State: Don’t Look for Things to Improve
Recently, South Africa evoked opposition in some quarters by bringing a case against Israel to the International Court of Justice on the account that the latter is perpetuating genocide against Palestinians. Israel’s response to the terror of Hamas has been widely denounced by the mainstream press, but irrespective of the legitimacy of South Africa’s claims, this matter has brought South Africa to the forefront of public discourse, and as such, an...
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LO QUIEREN CONTROLAR TODO
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Datos PREOCUPANTES desde CHINA, con Gustavo Martínez
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